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MSNBCW
The Ed Show

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Nov 27, 2012

money. and the average person needs that $2,000 in his pocket to drive the economy. saying that tax breaks for the rich drive consumers lower down to spend is like saying you could start your car by pouring gasoline on the hood. there's no proof, there's no factual data to support it. it's completely a sham to say that. >> and he's a business owner. we need more members of congress to sound like that. if the president is trying to achieve solidarity on raising the top tax rate, these are the voices that can come through for them with that message in a big way. an owner of an automobile supply company says she supports the plan even if it means her own personal rates will go up. . >> i would have higher tax rates, but r more important and more crucial, the middle class would be spending about $3,000 more. >> harry reid kept the focus on the president's winning campaign message of letting the tax cuts expire on incomes over $250,000 a year. >> the people who have done so well during this difficult time with the economy, the richest of the rich are going to have to pay a little more to

CSPAN - Politics & Public Policy Today

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CSPAN
Politics & Public Policy Today

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Nov 26, 2012

on the economy. the washington post writes that the white house is ratcheting up pressure to avoid the fiscal cliff. on c-span tonight, we will bring you some of the house and senate debate from august of 2011, when congress passed the budget control act that triggered cuts to take effect on january 1. we will also hear from president obama, who signed the deficit reduction measure into law, part of the deal to raise the debt ceiling. first, senate majority leader harry reid and republican majority leader mitch mcconnell will talk on the senate floor about the january fiscal deadline. >> since our country voted to return president obama to the white house, i have spoken often about compromise. i remain optimistic that, when it comes to our economy, when it comes to protecting middle-class families from a whopping tax hike, republicans and democrats will be able to find common ground. president dwight eisenhower, a republican, once said, "people talk about the middle of the road as though it were unacceptable. there have to be compromises. the middle of the road is all usable space." so said w

CSPAN - Capitol Hill Hearings

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CSPAN
Capitol Hill Hearings

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Nov 27, 2012

've spent a good deal of your career working on, mr. hall, has been the improvement of the american economy. and tonight i'd like to join a couple of my colleagues on the democratic side to talk about the economy and specifically to talk about jobs and the things that we can do here in the a winning days of this congress -- wanning days of this congress to create some job opportunities. we've got some very heavy lifting here in congress in the next month and a half. everybody wants to talk about the fiscal cliff, some talk about austerity, bomb, others talk about what needs to be done to lift the debt limit. and all of these issues are before us. tax increases are not. but underlying all of that, foundational to all of that, is putting america back to work. getting americans back into their jobs. if we do that we will clearly increase employment and when you increase employment you always increase tax revenue to the federal government, to state governments and local governments. so our principle task as i see it and i think i'm joined by many of my colleagues, both democratic and republican

CSPAN - Politics & Public Policy Today

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CSPAN
Politics & Public Policy Today

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Nov 27, 2012

-class jobs. it is essential to the growth of our whole economy. on our agenda, a money long list, is our competitors drop world all have strategies. we need an effective game plan to out-produce, out-innovate, out-build, and out-invest our competitors. we must develop plans to increase manufacturing and manufacturing jobs. and infrastructure bank. with me on the podium is the chairman of the policy committee. who will champion the infrastructure which the president mentioned a few minutes ago. we need to facilitate the efficient, private sector investment and infrastructure. we need to compete from broadband systems. with an infrastructure bank, we will be able to out-build a partnership between the public sector and private sector. clean energy. clearly, that is the future. that is the vision we have of an america that has powered itself by clean energy. we need to invest in clean energy to create jobs and make america competitive in the most important, new economic sector. china is doing that. europe is doing that. america must do that. it is doing it as a result of a bill we passed, t

CSPAN - Public Affairs

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CSPAN
Public Affairs

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Nov 27, 2012

. energy is the lifeblood of a thriving economy and society. our future in energy provides the opportunity to significantly assist us in exiting our economic difficulties with jobs and new opportunities in abundance. we need reliable, affordable, and environmentally responsible in terms of supply. i say it is an important day because i believe we find ourselves at a unique point in history at the confluence of urgency and opportunity to them that we should make no mistake about it. -- and opportunity. we should make no mistake about it. if you examine the national intelligence council's global trends 2025 report, you'll find the word "energy" is one of the most repeated factors driving global security over the next 10 to 15 years. this means that achieving well conceived long term objectives depends on visionary action. the defining feature is about being pro-active. not reactive. this demands a sense of urgency and collegiality among the global community them back for the u.s., the united states, it is another critical challenge for our leadership responsibilities the world over. the prop

FOXNEWSW - America's Newsroom

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FOXNEWSW
America's Newsroom

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Nov 27, 2012

that would avoid that potentially devastating fiscal cliff that is looming over the u.s. economy right now. the president is meeting with small business owners at the white house today. he had a series of meetings with different business leaders over the last week. despite the warnings that the talks are stalling on capitol hill stuart varney joins me now, host of "varney & company" on fox business network. >> good morning, martha. bill:. martha: what are you hearing how this is going? >> it is impasse basically. the republicans said yesterday they accommodated the democrats they will agree to get more money from wealthy people from higher taxes but mitch mcconnell, senate republican leader, he says there has been no similar compromise from the democrats or the president. he says they are still holding out for higher tax rates on the rich and he says the radical left is prescenting the democrats and president and agreeing to serious reform from medicare. martha, i have to tell you. i got new numbers from medicare, from trustees, actually. medicare has to pay out in the future $42 trillion.

MSNBCW - News Nation

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MSNBCW
News Nation

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Nov 28, 2012

the economy if you raise tax rates on the top two rates. it will hurt small businesses, hurt our economy. >> so let's bring in the political panel on this topic for today. erin mcpike back with us and david goodfriend, democratic strategist and contributor. thank you for sticking around. let's bring in the element of tom cole, a republican of oklahoma. doesn't get more red than oklahoma. let's play what he said regarding support and passing the middle class tax cut. >> in my view, we all agree we won't raise taxes on people making less than $250,000. we should take them out of this discussion right now. >> what is the issue with that? >> well, what congressman cole has really shown is that there's an imminent amount of good logic and sense in preserving the current tax rates for 98% of americans for a lot of reasons. one of which is the gdp dependent on consumer spending. 0% of the economy is consumer spending. if you take $2,000 on average out of pockets of consumers, it's going to hurt the economy so right away you have a low tax good economic rational behind it but there are politics

CNNW - The Situation Room

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CNNW
The Situation Room

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Nov 28, 2012

taxes which we think would be harmful to the economy. and if you look at how much revenue that raises, $68 billion next year, that funds a government for less than a week. and it does potential significant harm to the economy and raises taxes on the very people we are asking to go out and create jobs. >> dick durbin says when you're talking about entitlement reform or cuts in spending for medicare, medicaid for example, he says that's too complicated now. listen to what he said this morning. >> when it comes to medicare, we know that it's going to run out of money in 12 years. whatever changes we want to make should be thoughtful changes not made in the heat of the fiscal cliff. >> can you defer medicare for example -- medicare reform until after you get a deal on the fiscal cliff? >> well, if we do that, wolf, i think what you have to do is also defer the issue of taxes. i think you extend tax rates some time into the foreseeable future whether that's six months or a year and allow us to go through the process where we can deal with entitlement reform and tax reform in regular order.

KGO - This Week With George Stephanopoulos

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Nov 25, 2012

KGO
This Week With George Stephanopoulos

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Nov 25, 2012

. >> how do we move our country forward and reduce the deficit? by creating jobs and growing our economy, not by cutting programs that families rely on most. for working families it's all about putting americans back to work. not cutting the things we rely on most. >> there are signals they can't accept the kind of entitlement reforms in medicare and social security that senator graham is saying are prerequisite to a deal. >> let me tell you, first, george, and you know this, social security does not add one penny to our debt. not a penny. it's a separate funded operation. and we can do things and i believe we should now, smaller things, played out over the long term that gives its solvency. medicare is another story. only 12 years of solvency lie ahead if we do nothing. those who say don't touch it, don't change it are ignoring the obvious. we want medicare to be there for today's seniors and tomorrow, as well. we don't want to go to the poll and voucherizing it and we can make meaningful reforms without compromising the integrity of the program, making sure that the beneficiaries are n

FOXNEWSW - The FOX Report With Shepard Smith

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FOXNEWSW
The FOX Report With Shepard Smith

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Nov 26, 2012

serious consequences for the entire economy. a lot of details here and they are coming up inside fox report. well, just hours remain in what is expected to be the biggest online shopping day ever. the research firm core score predicts americans will spend $1.5 billion online today alone this cyber monday. that's up 20% from last year. the national retail federation reports the average holiday shopper spent $423 this weekend in stores and online. total spending an estimated $59 billion. cheryl casone live from the fox business network with us tonight. cheryl, that's a big shot in the army for the economy. isn't it? >> it certainly is, shepard. we are seeing an allot of interest in online shopping today. initial numbers into fox business about how many people are out there spending this, today cyber monday. this is going to be already the biggest cyber monday ever when it comes to sales or revenues for the nation's he biggest retailers. number one amazon.com. number two wal-mart. 122 million people shopping today on web sites with the estimate looks like at this point we are going to b

MSNBCW - The Cycle

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MSNBCW
The Cycle

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Nov 28, 2012

to see the economy plummet and then say we tried and we have to give in on that. that's an awfully dangerous game to play. >> that's sad. >> dana, we have word that mitt romney is going to the white house tomorrow. oh, to be a fly on the wall over there. what do you expect that meeting to sound like? >> awkward. >> is this for show? because obama basically said that he would or do you really expect this to be a meeting of the minds and actual sort of agenda to come out of it? >> yeah. well, the white house announcement is terrific. it said it's a private meeting in the private dining room and no press. >> right. >> very clear that they won't want anything to come out of it. i suspect it will be one of those photo releases of them strolling down the colonnade or something looking like good friends. >> that's what i thought. >> this is a requirement. they agreed to do it. neither one particularly likes the other. obama, you know, in his press conference said he likes the way mitt romney ran the olympics. perhaps asking him to do something in the sporting field. >> maybe he'll give hi

FOXNEWSW - America's Newsroom

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FOXNEWSW
America's Newsroom

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Nov 28, 2012

without concern for america's economy or standing in the world. we can't keep running trillion dollar deficits every year and throw a tantrum if someone suggests the taxpayers shouldn't keep turning every program they can dream up. let's take a look at the so-called thelma and louise democrats so he know who he's talking about. to say they are willing to go over the fiscal cliff, we have those who say they are not willing to support any reforms to entitlements. dick durbin says he would be willing to talk about it but only after a deal is struck. >> you have a difference of opinion in all political parties. i don't know many republicans who agree with mitch mcconnell. this is the guy who said his number one political goal was to get obama out of office. i think it's all positioning. you have got a bunch of democrats and mcconnell positioning themselves for negotiation. martha: tucker, what do you think? >> i think the republicans are being outnegotiated by an incredibly aggressive democratic party. they are demanding tax hikes on highest earner. an elevation in the debt limit which is

CNNW - Anderson Cooper 360

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CNNW
Anderson Cooper 360

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Nov 28, 2012

of the real economy and allow the government to grow and grow. that's always a bad idea. that's not a good idea some years and a bad idea others. leeches, doctors don't put leeches on people ever, it's wrong. don't do it. it doesn't make people stronger. raising taxes, taking money out of the economy, damages the economy, kills jobs, reduces opportunities. >> you know, the latest cnn polls that just came out this week say you're wrong. two or three americans, including a majority of republicans, say the fiscal cliff should be addressed with a mix, a mix of spending cuts, yes, but also tax increases and if there's no deal according to these polls, they're going to blame republicans more than they blame the president. all the best evidence right now suggests the public wants to see the republicans compromise on this tax question. so from a political standpoint, is it okay for lawmakers to ignore the pledge that they gave earlier? >> well, the challenge is that the pledge that they made and that every two years comes up again in campaigns, this is not an ancient pledge, these are pledges that

MSNBCW - NOW With Alex Wagner

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MSNBCW
NOW With Alex Wagner

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Nov 27, 2012

cut for high-income earners on the economy. there is this supposition, in fact i would call it bedrock republican philosophy economically speaking if you cut rates for top earners it benefits gdp. i will point to everybody for consideration a chart by the david leanhart of the "new york times" that shows what happens when you cut the top income tax rates. it doesn't help gdp. in fact, it falls. explain to me why republicans keep insisting on this fact when it doesn't appear at least to be true? >> well, the basic idea is that if you get to keep more of the rewards for each hour you work you'll work more hours or a little harder or be more likely to start a business. that's not a crazy idea on its face. in fact, it's probably right. the real question, though, is, is it a bigger effect or small effect? so republicans claim time and again this is a huge effect. democrats often claims it's a small effect. in the language of economics this is an argument about elast tisty. like my colleagues here go out and try to measure this. it's a difficult concept to measure. but that's basically the i

CNNW - Anderson Cooper 360

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CNNW
Anderson Cooper 360

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Nov 27, 2012

are going farther. the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. we learned today that the president will be hitting the road campaign style to push his plan to raise taxes on income above a quarter million dollars a year. he'll be speaking friday at a factory in pennsylvania. the house speaker john boehner's office today announcing something similar. congressional republicans holding events in washington as well as back in their home districts to frame the president's tax plan as a threat to new hiring. but some republicans as you know are already hinting they're open to eliminating deductions even if it means breaking that pledge that the lobbyist grover norquist has been getting law makers to sign for years. joining us now to talk about it all, grover norquist, president of americans for tax reform. grover, thanks very much for coming in. >> good to be with you. >> the trend we're seeing now from members of congress questioning or pushing back on the pledge. we've seen it before to a certain degree, but we're see

MSNBCW - Morning Joe

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MSNBCW
Morning Joe

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Nov 28, 2012

. i am glad that the people that are in economy party on capitol hill have hearts as big as a montana sky because i'm sure they said, hey, it's cool. we all make mistakes. all of us on capitol hill, we all make mistakes from time to time and it's cool. so how did this work out after she said she was sorry? >> there's still another chance. ambassador susan rice is heading back to capitol hill today. >> i want to know what happened. >> well, i will tell you. she continued to defend her response on september 11th attack on the u.s. consulate in benghazi as a top pick to replace secretary of state hillary clinton. rice faces sort of an uphill battle because she failed to win over her harshest republican critics yesterday. >> i don't think it's an uphill battle. >> unless you want to be secretary of state for greenvil greenville, south carolina or mesa -- >> she requested this meeting was with specifically senators lindsey graham, kelly ayotte and -- >> they were upset. john mccain over the weekend. >> john mccain backed up. >> so it's really cool when she said i'm sorry. >> she did the br

FOXNEWSW - America Live

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FOXNEWSW
America Live

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Nov 26, 2012

throw the economy back into recession. two million more americans could be left out of a job and most troubling of all according to the pentagon, the country's national security would be in serious jeopardy. if congress and the white house do not act. chris stirewalt is our fox news digital politics editor p.o.w. or play on foxnews.com. they cut the deal that put the automatic spending cuts in place and these automatic tax hikes in place thinking this will never happen. they went back, said all right, now that we have it in place let's try to fix it. well they failed. there wasn't the political will to deal with it at the time they passed. there wasn't the political will at the time they tried to deal with it and it was a complete political debach kill. now you have some people saying let it happen. the let's see what happens. we may be in a better negotiating pitch if we let it happen and american people are the ones who are going to pay. >> well, megyn, these are not just rank-and-file democrats talking about this. patty murray, who is the head of the senate democrats campaign arm.

CNNW - Starting Point

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CNNW
Starting Point

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Nov 26, 2012

, the focus turns back to the u.s. economy now the fiscal cliff talks are looking more promising and the election is behind us. new reports this week on the housing market, manufacturing sector and consumer data. also the second estimate for third quarter gdp comes out on thursday. the broadest gauge of the health of the economy and economists think that number is going to show better growth than we saw, 2.8% down from 2.2% that they had thought earlier. the fiscal cliff being, you know, something that really helped the stock market last week. >> i would imagine. >> don't screw up. >> please, congress, don't mess this up. let's take a live look this morning at the capitol dome where congress is back to work this week. s fiscal cliff staring them in the face. 35 days, we go right over that cliff or right down that slide or whatever the metaphor is we're using today. politicians on both sides of the aisle are now signaling that they're willing to compromise. that includes republicans who've been softening their stance on raising taxes. senator dick durbin, democrat from illinois, w

CSPAN - Washington Journal

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CSPAN
Washington Journal

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Nov 26, 2012

building the economy again. -- no matter what the grover norquist or lindsey graham or any of them say, every republican in the house should vote to raise taxes on the rich. the average republican is not making $250,000 a year. they're just saying they should not raise taxes because they are republicans. host: are you a republican? caller: i am, but i voted for obama. host: what would it take for you to vote for republican? in terms of the fiscal cliff, sequestration, big budget cuts, what do you want to see them do? caller: if the republicans could find a candidate that would do what ronald reagan dipped, they would gladly get my vote back. as long as they have people like john mccain, sarah palin, and mitt romney, they are just playing. host: here's a story in the new --k times . david is up next, new york, good morning. caller: good morning. how are ya? i'm a republican and i don't believe that the 1% or a portion of the country should be taxed. it can be mathematically proven. a president handed in m speech to be scored. he never came up with a plan how this money would be redistr

MSNBCW - Morning Joe

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MSNBCW
Morning Joe

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Nov 26, 2012

to wreck the economy. and i think there are a lot of republicans that are saying what a few of us were saying after the election. bill kristol said it. so tell me again, why are we fighting and risking our majorities, protecting billionaires that are hedge fund guys who are paying 14% tax rates? >> walk two blocks from this street, fifth avenue between this building and 57th street, and the storefronts on fifth avenue. anybody who can go into those storefronts and purchase things in those storefronts are not going to be damaged by these tax reforms that we've been talking about. they're not going to be damaged. >> by the way, the storefronts aren't going to be damaged by raising capital gains rates from 15% to 20%. i want everybody to be rich. i'm a capitalist. i want everybody to make $250,000. barack obama says that's rich. whatever. i want everybody -- i love people being successful in this country, but again, if you're making billions of dollars, again, there's something immoral, mika, about these people paying 14%, 15%, 16% on their taxes because the tax rates are the way they are

MSNBCW - The Daily Rundown

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MSNBCW
The Daily Rundown

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Nov 26, 2012

to look at things we can do to flatten the code, to grow the economy, why would you tell people they have to pay more, small businesses, individuals, before -- >> make them pay more by getting hatch the deductions. >> it makes it flatter and fairer and supports economic growth and stops picking winners and losers in some cases. we've been here in the '80s and put the revenue first. said, hey, we'll agree to the spending cuts that come down the road and most never materialized. we had the deficit reduction in graham rudman. >> we know the rates we had under clinton we had the best economy of the past 50 years. we can go back to those rates. >> i want to talk about both of your parties. brad woodhouse, one thing we have learned is when barack obama is on the ballot, there is a coalition that helps democrats win a lot of elections. when he's not on the ballot, the one time that he was head of the party but not on the ballot, the party got shellacked. >> we were facing 10% unemployment. we had this debate over health care. one of the things we learned in this are the lessons that candidates a

MSNBCW - Hardball With Chris Matthews

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MSNBCW
Hardball With Chris Matthews

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Nov 27, 2012

with this thing, the whole world is going to be watching us screw it up again and it's going to hurt the economy no matter who is in charge, it will hurt everybody, and we better darn well have a deal. i think they're the strongest push, better than the progressives, in get a deal. your thoughts? >> i think dick durbin is a hero. i'd give him the medal of honor with oak leaf clusters. he was on our commission. when you give a spread between dick durbin and tom coburn and get five democrats and five republicans, one independent, 60% of the commission a supermajority and everybody walks away because they all say, and durbin is tremendous, he's absolutely up front on that, but everybody is saying, well, it's the framework. we don't care whether our names are connected with it. call it rivlin domenici, that's a beautiful piece of work, the gang of eight, but for god's sake get off your can and do something. unless you go big, go home because on december 31st there's a mess floating around right now, about 7.2 trillion bucks worth of stuff in ten years. got to do something. >> why do members of the h

CURRENT - Full Court Press

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CURRENT
Full Court Press

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Nov 26, 2012

americans went shopping online or in stores totaling $59 billion in sales. the obama economy is booming. all right. we'll get into that and a whole lot more. but first here is the latest from lisa ferguson. good morning. >> hey bill good morning, everyone. hope you all had a happy thanksgiving and just in case you did not get enough shopping in on black friday said is siber monday when retailers will post all of their sales online. the white house is releasing a report on the impact of middle class tax cuts on consumer spending. as we know with all of this talk of the fiscal cluf tax cuts are set to spike at the beginning of next year. according to the new report allowing middle class tax rates to group, along with allowing the current tax cut to expire would change the gdp. this is all part of the president's effort to extent the burr-era tax cuts for americans making less than $250,000 a year, all while incriesing taxes on the wealthy. it seems some members of the dgdp could be coming around and be ready to go against the grover norquist pledge. more bill press aft

FOXNEWSW - Special Report With Bret Baier

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FOXNEWSW
Special Report With Bret Baier

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Nov 26, 2012

and increase revenue without raising the top marginal rate. that most economists say would hurt the economy if we were to do it. >> the republicans are being confronted in the fiscal cliff negotiations about the no new taxes pledge, which of them signed. now lawmakers are pushing back. >> # $16 trillion in debt the only pledge we should make to each other is to avoid becoming brief. republicans should put revenue on the table. he agrees with grover norquist that the tax rates shouldn't be increased and says norquist is wrong capping deductions to buy down the debt. >> graham has been saying raising taxes to give politicians more money to continue spending doesn't solve any problem at all. it's not a piece of solving the problem. >> allowing tax cuts to expire generate average of $82.4 billion a year and would run the government for 8.5 days. the reality is similar to what romney laid out in the campaign. my plan is bring down rates and deductions at the same time so revenue stays in. we bring down rates to get people working. >> they are meeting with ceos, caterpillar and goldman sachs and

FOXNEWSW - FOX and Friends

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FOXNEWSW
FOX and Friends

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Nov 28, 2012

about the economy. he was shopping in a book store. here's the video. the president buying the books. we'll go over and show books you are getting. and okay, get out -- five minutes. and look at that. >> >> steve: funny. not true. fiscal cliff. what is the fiscal cliff. what that means right now all of the taxings for the most part are scheduled to go up and spending cuts are sposed to go in place and if that is not enough. democrats are insisting that alongg with the fiscal cliff there should be an agreement on raising the debt limit. >> brian: billionns or trillions. going to hit the ceiling. you want to know how it relate to you. it is 2000 per family and everyone making a certain amount of money. we could be heading to this. and it is not to anyone's ben benefit to go over the cliff. there is a push to how to get manage done. president of the united states is going on the campaign traill through a series of rallies. >> steve: to a tinker toy factory. >> brian: get yourself up to lincoln log jacks on the way home. >> gretchen: this is disconcerting once again. instid of members that w

CNNW - Starting Point

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CNNW
Starting Point

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Nov 28, 2012

on fiscal cliff and the state of the u.s. economy. >>> other top stories for you this morning, former senator and presidential candidate bob dole expected to be discharged from a washington's walter reed army medical center today. an aide says the 89-year-old checked himself into the hospital for a routine procedure and that he's doing well. you might want to put down the pork chop. a new study from consumer reports found 69% of raw pork products in u.s. supermarkets are contaminated by a foodborne bacteria that can cause fever, cramps and intestinal bleeding. researchers say it means we need better hygiene in animal plants. the pork industry questions the methods used in the study. >> wow. >> cook your meat. >> we eat a lot of bacon on this show. >> the country does or you and i personally? >> the country does. and then you and i personally. >> yeah. >> eat a lot of bake be. awe should microwave it before we -- still ahead this morning on "starting point," might be another stand your ground case to tell you about in the state of florida. teenager shot and killed. the murder suspect s

MSNBCW - Morning Joe

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MSNBCW
Morning Joe

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Nov 27, 2012

decade. it's not only going to change the face of american demographics and the u.s. economy, it's going to change our economic standing across the globe. it resets everything. resets everything. >> and all starts tremendous consequences, u.s. reliance and dependence on the middle east obviously changes when we become a larger oil producer than saudi arabia. >> and maybe we can stop fighting wars in the middle east. >> maybe. >> we can go to north dakota instead. i'm telling you, those canadians, i don't trust they will. i do not trust them! >> hey, we need to figure out, what's the line that separates, you know -- >> we need a parallel. >> we need a parallel. a canadian parallel. the canadians and i've been talking about this for years -- >> i'm going to take a poll. may i take the cane and beat joe on the head with it? >> seriously, how many divisions -- >> all those who agree, raise their hands. >> a lot of canadians watch "morning joe." we don't want to hurt you, we want your oil. it would be good, right? is this what the dream of nafta was all those years ago? >> nafta is one of the

CNNW - The Situation Room

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CNNW
The Situation Room

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Nov 27, 2012

.s. economy back into a recession. both congress and the white house are trying to make a deficit reduction deal to avoid the financial chaos. and president obama's reverting to some campaign mode right now to try to make sure things are done his way. our white house correspondent dan lothian is joining us now with new information. what are you learning, dan? >> reporter: well, wolf, while senior members of the administration including secretary geithner, chief of staff jack lou also top advisor meeting with -- the president himself trying to sell his vision to the public, but some say it's not a winning strategy. it doesn't take a gps to find the way to the fiscal cliff. much more difficult, finding the off ramp. at the president's first meeting with congressional leaders more than a week ago, there was a sense of optimism. >> my hope is is that this is going to be the beginning of a fruitful process. >> reporter: there was a follow-up phone call with house speaker john boehner, but a much different approach this week. the president's calendar is packed with sales pitches to the public, wh

MSNBCW - Jansing and Co.

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MSNBCW
Jansing and Co.

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Nov 27, 2012

and cataclysmic effect on the economy. what does immediately change is december you have the bush tax rates in effect. january, you have the clinton tax rates in effect. democrats are better off negotiating from the clinton rates and then they're saying, okay, look, here are the rates, we're going to bring this down, we're going to bring this down. we're going to leave these how they are. how would you like to vote for this? are you going to oppose this? and people didn't really vote for compromise necessarily this election. they overwhelmingly elected the president, they gave the senate to democrats, and they voted for more democrats in the house. now, just because they're gerrymandered and a tea party house doesn't reflect what voters said on election day. so, you know, and as obama keeps pointing out, more people support higher taxes on the rich than even supported obama himself. so the mandate here is clear. it's for higher taxes on the rich and it's not for messing around with entitlements right now. >> ryan grim, susan page, thanks. >> thanks. >> thank you. >>> and we are keeping our

CURRENT - Full Court Press

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CURRENT
Full Court Press

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Nov 28, 2012

president attend a meeting with business leaders to discuss the actions we need to keep our economy growing and find a balanced approach to reduce our deficit. all of those meetings, of course, aimed at building support for and putting congress on -- pressure on congress to act to pass the tax cuts for 98% of americans. jay carney with a briefing at 12:30 today. i'll be there and tell you about it tomorrow. back with victoria jones. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. [ ♪ theme ♪ ] >> bill: good morning friends and neighbors and welcome to the "full court press" this wednesday morning november 28 on current tv. good to see you this morning. we're booming out to you live all the way across this great land of ours from current tv, from our studio her

CNNW - CNN Newsroom

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